Added to YB: 2024-06-12
Pitch date: 2024-06-10
HIMS [bullish]
Hims & Hers Health, Inc.
-5.31%
current return
Author Info
MBR's Substack is an undergraduate at Seoul Nat'l University sharing investment writeups. Sign up for the newsletter.
Company Info
Hims & Hers Health, Inc. operates as a consumer-first health and wellness platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, Canada, Germany, the Republic of Ireland, France, Spain, and internationally.
Market Cap
$3.7B
Pitch Price
$21.47
Price Target
N/A
Dividend
N/A
EV/EBITDA
22.69
P/E
32.11
EV/Sales
1.83
Sector
Health Care Providers and Services
Category
growth
Investment Story 3 - From Hims to Everyone (1)
HIMS: Online healthcare co. focused on stigmatized issues like ED, hair loss. Taps into Telehealth trend fueled by high US healthcare costs & COVID. Subscribers tripled to 1.54M in 2023 with 31% increase in avg order value as product line expanded. Asset-light model with 80% GPM, nearing profitability. Stock surged on strong results & entry into GLP-1 obesity drug market at disruptive prices, but faces regulatory risk on compound drug approach.
Read full article (6 min)